It's hard to understand why so many of you get so caught up in what's going on with the company. Most people won't last a year here. Some will be let go, others will leave by choice, and many will be laid off. There just isn't any long-term security anymore. Caring about the company was more understandable a decade or more ago, but not now.
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This is a stupid question and OP should be fired for stupidity
"If you don’t care go work at Starbucks"
in an ironic turn of events, Starbucks may have more job security
at least they sell something
Worked there many years, and I care about the people still there, but Intel is no longer my home team - just another investment, which as of late for Intel stock, is not doing well. ( Should have sold at the beginning of the year. ) Also, for the first time, I'm no longer giving Intel CPUs first preference in my computer purchases.
People who leave with VSP/ISP do not care about Intel anymore. If Intel doing down, it is better since it proves people make the right choice to leave. I will laugh when INTC stock goes down.
Intel has no place in market place. If you watch all kinds of company stock analysis for investors, no one cares or mentions about INTC. It is just a little dot in the market.
@utz Good comment, dude.
Reality is that employment at Intel has always been risky. They at one time paid a salary premium which offset that risk and for non-engineers, the salary is still reasonably good.
The company did it's first layoff 3 years after being founded, shedding 30% of the workforce in the early 1970s. It has laid off typically 10% to 20% of the workforce in every business cycle since then.
But they have always offered above market severance packages and I've known people who repeatedly took VSP then returned in the next business cycle.
So accept it for what it is, a risky business.
Most of the risk comes from the manufacturing side, which has so much fixed costs. So the only way to cut cost is to reduce headcount, often in non-manufacturing because they don't want to lose manufacturing experience.
That dynamic is changing as products and foundry separate, and will be even more different when Intel spins off or IPOs products and foundry. The day is coming when lack of demand will cause a fab to be shut down and everyone laid off, likely with minimal severance. This is the new normal.
This site is infested with trolls, who either get off on doom-posting or think repeating lies makes them true, or both.
Anyone looking at these posts should give 99% of the post no value.
Simply not the place to discuss what is actually going on with Intel, no better than posting on some stock message board.
For retirees, there are other places for discussion. Everyone else has to deal with the trolls.
It supports my family… what do you mean?? Everyone should care. If you don’t care go work at Starbucks
Well, I still have Intel stocks
Why don’t you leave? If the work is not rewarding and the business vision is not interesting to you, then you are doing yourself a huge disservice by staying. Maybe you need Intel more than it needs you?